KUALA LUMPUR, May 20 — The ringgit retreated against the greenback on Tuesday despite the weaker US Dollar Index (DXY) and lower US Treasury yields after the recent downgrade of the credit rating of the United States by Moody’s Ratings.
LONDON/SINGAPORE, Sept 24 — World stocks hit a record high on Tuesday after China unveiled stimulus measures to support its economy and stock markets, sending Asian and European shares higher and triggering a bounce in commodity prices.
KUALA LUMPUR, Feb 6 — The ringgit continues to weaken in early trade against the firmer US dollar today spurred by last week's jobs report and hawkish signals from the Federal Reserve (Fed), said an analyst.
SYDNEY, Nov 1 — Australia's central bank announced on Tuesday a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 per cent in a bid to rein in the country's 'too high' inflation, reported Xinhua.
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